ADAPTIV INC (EIN 823015294) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2019

Legal Domicile

Principal Officer

ROBERT FRENI

Phone

5089329706

Tax Period

2022-07-01 to 2023-06-30

ADAPTIV INC, founded in 2019, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $361K in total revenue in fiscal year 2022. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $448K exceeded revenue, resulting in a 24% operating deficit.

Mission

ADAPTIV PROVIDES PLANNING AND ARCHITECTURE SERVICES TO EMERGING COMMUNITIES ACROSS THE GLOBE. OUR SERVICES EMPLOY A COMMUNITY CENTRIC, COLLABORATIVE METHODOLOGY OF RESEARCH AND DESIGN THINKING TO PROBLEM SOLVE AND DEVELOP RESILIENT SOLUTIONS THAT ADAPT TO THE EVER CHANGING NEEDS OF THE COMMUNITIES WE SERVE. WE WILL CONSTANTLY BUILD, MEASURE, AND LEARN FROM PAST EXPERIENCES AND PROJECTS TO PUSH CONSTANT INNOVATION IN ORDER TO PRODUCE THE EFFICIENCY OF OUR FINAL PRODUCT. ADAPTIV'S MODEL ENCOURAGES COLLABORATION AND STRATEGIC PARTNERSHIPS WITH SIMILAR MINDED ENTITIES AND COMMUNITY STAKEHOLDERS TO LEVERAGE SKILL SETS AND OPTIMIZE OUR REACH.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $361,134

Investment Income $26

Other Revenue $0

TOTAL REVENUE $361,160

Expense Breakdown

Grants Paid $0

Salaries & Benefits $250,376

Fundraising Expenses $0

Program Expenses $399,949

Other Expenses $197,656

TOTAL EXPENSES $448,032

Year-over-Year Comparison

	2022	2021	Change
Revenue	$361,160	$462,023	-0.2%
Expenses	$448,032	$388,607	+0.2%
Net Income	$-86,872	$73,416	-2.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$99,000

Total Directors

$99,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT FRENI	MANAGING DIRECTOR	40.00	Director	$99,000	$0	$99,000
ABBY GORDON	DIRECTOR OF DESIGN	40.00	Officer	$99,000	$0	$99,000

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2023	$361,160	$448,032	$173,770	$-86,872
2022	$462,023	$388,607	$271,240	$73,416
2021	$453,398	$523,640	$211,455	$-70,242
2020	$548,891	$292,890	$296,693	$256,001

ADAPTIV INC